Cepsa has been certified as a biomethane trader covering biomass and bioenergy production by the ISCC international certification programme.
The initiative, led by Cepsa’s Trading business, aims to reduce carbon dioxide (CO2) emissions for the company’s other businesses and its industrial clients, while also promoting the circular economy.
In its first biomethane purchase operation in Spain, Cepsa acquired 25 GWh of renewable gas produced from waste at the Valdemingómez plant in Madrid, which it has used to decarbonise its chemicals business. Formalised this summer, the transaction includes multiple deliveries scheduled to January 2025.
This will enable Cepsa Química to replace natural gas with biomethane in its Spanish plants, leading to more sustainable production. Consumption of this biomethane is expected to reduce CO2 emissions by over 4,400 tonnes.
Alice Acuña, Cepsa’s Trading Director, said it first biomethane purchase marks a significant step in its energy transition and decarbonisation strategy.
She said, “It promotes sustainable energy that can be used right away while also supporting the circular economy through the processing of organic waste.”
Over its lifecycle, biomethane can reduce CO2 emissions by more than 90% compared to natural gas. This second-generation (2G) biofuel is produced from biogas, which is generated through the natural anaerobic digestion of biodegradable organic waste from agricultural, livestock, domestic, and industrial sources.
Cepsa aims to manage a project portfolio of 4 TWh of biomethane annually by 2030.
This initiative will significantly cut CO2 emissions from its energy and chemicals operations and will support green hydrogen production and sustainable mobility. The company is committed to reducing its CO2 emissions (Scope 1 and 2) by 55% by 2030 compared to 2019 levels and to achieving carbon neutrality before 2050.
Additionally, Cepsa plans to decrease the carbon intensity of the energy it sells by 15- 20% by 2030.
Over the course of this decade, it aims to reduce Scope 1 and 2 CO2 emissions by 55% and the carbon intensity index of energy products sold by 15-20% versus 2019, with the goal of achieving Net Zero emissions before 2050.
